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Finvasia Vs SAMCO Vs AxisDirect: Which one is better?

The brokerage of Finvasia ranges between Rs 0, the brokerage of SAMCO ranges between Rs 20, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker Finvasia and SAMCO are a discount brokers where AxisDirect is a full service broker. Overall rating for Finvasia is 4, SAMCO is rated 4, AxisDirect is rated 3.5 out of 5.

Here we present side-by-side comparison of Finvasia vs SAMCO vs AxisDirect stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs SAMCO vs AxisDirect on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Finvasia vs SAMCO vs AxisDirect in this setion with 360 degree view of broker information.

Compare Finvasia vs SAMCO vs AxisDirect on Service

  Finvasia Compare
Finvasia
SAMCO Compare
SAMCO
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia Rs. 20/order ultra-low brokerage, Giga trading engine powered new-gen mobile App, Nest Trader Terminal, and unique leverage products make SAMCO one of the best discount brokers for traders. Also, get stock and mutual fund research on StockBasket and ...Know more about SAMCO Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis... Know more about AxisDirect
Broker Enquiry Request call back from Zerodha Request call back from SAMCO Request call back from Zerodha
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Account Opening Charges and AMC

Compare Finvasia vs SAMCO vs AxisDirect on Trading & Demat Account Opening Charges

In this section we have compared Finvasia vs SAMCO vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and SAMCO offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - Finvasia charges Free as AMC for Demat account, SAMCO charges Rs 400 PA (Free for 1st year) AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia vs SAMCO vs AxisDirect
Charges Finvasia SAMCO AxisDirect
Trading Account Opening Fees Free Free Rs 999
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Free Rs 400 PA (Free for 1st year) Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Finvasia vs SAMCO vs AxisDirect on Plan Options

Plans are the most important feature you look when compare Finvasia vs SAMCO vs AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect offers Multiple Plans where Finvasia and SAMCO doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Finvasia vs SAMCO vs AxisDirect on Plan Options
Plan Types Finvasia SAMCO AxisDirect
Multiple Plans No No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha SAMCO Zerodha
Account Opening Request
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Brokerage Charges

Compare Finvasia vs SAMCO vs AxisDirecton Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

SAMCO Brokerage Plan detail - Trade in any segment in just Rs 20 per executable order, No size restriction,No Hidden charges.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare Finvasia vs SAMCO vs AxisDirect
Brokerage Charges Compare Finvasia SAMCO AxisDirect
Plan Name Zero Brokerage Trading Plan Max Rs 20 Per Order Trading Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery Rs 0 0.5% or Rs 20 whichever is lower 0.50% (Each leg)
Equity Intraday Rs 0 0.05% or Rs 20 whichever is lower 0.05% (Each leg)
Equity Futures Rs 0 Flat Fee Rs 20 0.05% (Each leg)
Equity Options Rs 0 Flat Fee Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Rs 0 0.05% or Rs 20 whichever is lower 0.05% (Each Leg)
Currency Options Rs 0 0.05% or Rs 20 whichever is lower Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading Rs 0 0.05% or Rs 20 whichever is lower Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage NA
Hidden Charges No Info Not Available
Funding Yes, 24% interest PA Info Not Available Yes - 18% interest PA
Call & Trade Charges Free Rs 20 per Executed order, with First 20 C&T are free Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges Free Rs 20 per Executed order, with First 20 C&T are free 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for SAMCO Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare Finvasia vs SAMCO vs AxisDirect on Transaction Charges

Compare Finvasia vs SAMCO vs AxisDirect on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia vs SAMCO vs AxisDirect
Transaction Charges Compare Finvasia SAMCO AxisDirect
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for samco Complete Brokerage Plans for axisdirect
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Account Features

Compare Finvasia vs SAMCO vs AxisDirect on Account Features

Compare Finvasia vs SAMCO vs AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 Account where Finvasia and SAMCO offers only 2-in-1 account which includes trading and demat account. Margin Funding - SAMCO and AxisDirect offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - Finvasia vs SAMCO vs AxisDirect
Account Features Compare Finvasia SAMCO AxisDirect
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. No Finvasia have 2-in-1 account. Only Demate and Trading account. Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes No
SMS Alerts No Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes No Yes
Margin Trading Funding Available No Yes Yes
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 3:15 PM 3:15PM 2:45 PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare Finvasia vs SAMCO vs AxisDirecton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs SAMCO vs AxisDirect. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Finvasia vs SAMCO vs AxisDirect
Trading Platform Compare Finvasia SAMCO AxisDirect
Desktop Trading Platform OMNESYS NEST SAMCO Trader Ring
Desktop Demo Info Not Available Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://trade.finvasia.com/

https://trade.samco.in/Samruddi/Login/indexauth.jsp

https://login.axisdirect.in/

Web Trading Demo Info Not Available Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App SCALPERT StockNote AxisDirect Ring Mobile App
Mobile Trading App Demo SCALPERT Demo StockNote Demo AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod SCALPERT Download Andriod StockNote Download Andriod Download
iPhone Mobile App (IOS) No No Yes
iOS App Download Info Not Available iOS StockNote Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No No Yes
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for SAMCO Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for SAMCO Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for SAMCO Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for samco Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare Finvasia vs SAMCO vs AxisDirect on User Rating

  Finvasia SAMCO AxisDirect
  17 Customer Reviews    Rate Finvasia 32 Customer Reviews    Rate SAMCO 6 Customer Reviews    Rate AxisDirect
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews SAMCO is Rated 4.1 / 5 based on 32 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare Finvasia vs SAMCO vs AxisDirect on Investment Offerings

Compare Finvasia vs SAMCO vs AxisDirect on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare Finvasia vs SAMCO vs AxisDirect
Investment Offerings Compare Finvasia SAMCO AxisDirect
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes No Yes
ETF Yes Yes Yes
Banking No No Yes
Insurance No No Yes
Forex No No No
MF SIP Investment Yes No Yes
Equity SIP Investment No No Yes
PMS Service No No No
Other Investment Options NIL NIL NIL
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Order Types

Compare Finvasia vs SAMCO vs AxisDirect on Order Types

Order Type - Compare Finvasia vs SAMCO vs AxisDirect on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Finvasia and SAMCO provides Bracket Orders (BO) facility where AxisDirect doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - AxisDirect offers Good Till Cancelled (GTC) orders facility where Finvasia and SAMCO doesn't provides GTC.

Order Types - Compare Finvasia vs SAMCO vs AxisDirect
Order Type Compare Finvasia SAMCO AxisDirect
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes Yes No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled No No Yes
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Customer Service Offered

Compare Finvasia vs SAMCO vs AxisDirect on Customer Service

Compare Finvasia vs SAMCO vs AxisDirect on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Finvasia vs SAMCO vs AxisDirect
Customer Service Compare Finvasia SAMCO AxisDirect
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number No Yes Yes
Through Branches No No Yes
Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 022-2222-7777/022-4503-0450 022-61480808
Account Opening Process Online/Paperless Online/Paperless Online
Customer Support Email [email protected]/[email protected] [email protected] [email protected]
Knowledge Center/Education https://finvasia.com/announcements https://www.samco.in/knowledge-center/ https://simplehai.axisdirect.in/learn/overview
Head Office Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website https://www.finvasia.com/ https://www.samco.in/ https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Finvasia vs SAMCO vs AxisDirect on Research Reports, Tips

Compare Finvasia vs SAMCO vs AxisDirect on research reports and tips provided by broker.

Research Reports - Compare Finvasia vs SAMCO vs AxisDirect
  Finvasia SAMCO AxisDirect
Research Mutual Funds No No Yes
Research Equity Reports No No Yes
Research ETF No No Yes
Daily Market Report No No Yes
Free Tips No No Yes
Quarterly Result Analysis No No Yes
News Alerts No No Yes
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Demat Account

Compare Finvasia vs SAMCO vs AxisDirect on Demat Account

Compare Finvasia vs SAMCO vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Finvasia vs SAMCO vs AxisDirect
  Finvasia SAMCO AxisDirect
DP Source CDSL CDSL CDSL
DP ID 84300 54200 49200
Demat Account Annual Maintenance Charges(AMC) Free ₹400 pa ₹500 pa
Advance Deposit Rs 0 NIL Nil
Statutory charges Nil Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹10 ₹10
Demat ₹15 per certificate ₹10 per certificate + ₹50 courier charges ₹3 per certificate
Remat ₹15 for every hundred securities + CDSL Charges CDSL charges + ₹50 courier charges ₹10 for every hundred securities (Min ₹10)
Pledge Creation ₹25 per transaction ₹25 per transaction ₹25
Pledge Creation Confirmation NIL Nil ₹25
Pledge Closure ₹25 per transaction ₹25 per transaction ₹25
Pledge Closure Confirmation NIL Nil ₹25
Pledge Invocation ₹19 per transaction ₹25 per transaction Nil
Failed Instruction Charges ₹49 Nil Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs SAMCO vs AxisDirect on Special Offers and Promotion

Compare Finvasia vs SAMCO vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs SAMCO vs AxisDirect on Special Offers and Promotion
  Finvasia SAMCO AxisDirect
Pay In and Pay Out Options Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking/Payment Gateway from SAMCO trader or Back Office
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Up to 24 hrs except for bank holidays. Max 24 hrs except bank holidays Instant to Axis Bank.
Bank Supported and Charges Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Around 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco trading platform. NA
Bank Detail FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
Direct from your Axis bank account.
Likes

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • Trade and invest with SAMCO at flat Rs. 20/order brokerage.
  • Giga trading engine powered new-gen mobile app and trading tools.
  • Zero brokerage mutual fund investment.
  • Get upto 4x leverage/margin in the equity cash segment.
  • Get margin against your holdings on StockPlus.
  • SAMCO offers BTPT (Buy Today, Pay Tomorrow) facility.
  • Equity SIP: Set up a stock SIP on the Stock Note App.
  • Place advanced orders like bracket order, cover order, and after market order.
  • Place a GTT order on Stock Note app with lifetime validity.
  • Get 100% brokerage cashback for the 1st
  • Free stock market learning course for beginners.
  • Very low payment gateway charges of just Rs. 6 + GST.
  • Zero hidden charges.

Detail Review...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

Dislikes

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • SAMCO does not provide direct mutual funds.
  • You cannot open a 3-in-1 account with SAMCO.
  • NRI cannot open SAMCO NRI Demat & Trading Account.
  • Delivery trading in SAMCO is not free.
  • No monthly trading plans.
  • High Demat maintenance charges of Rs. 400 per year.

Detail Review...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading. Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire for Finvasia Enquire for SAMCO Enquire for AxisDirect

Last Updated on 2023-09-05T02:25:49+00:00